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Quote by Carroll Quigley

“When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.”

Quote by Carroll Quigley

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Carroll Quigley
Carroll Quigley

Carroll Quigley was an American historian renowned for his profound insights into modern world history. His book 'Tragedy and Hope' revealed how global financial elites have influenced the course of world history. more

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